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MSOS - OrganiGram: Reefer Madness Will Come To An End
AdvisorShares Trust Pure US Cannabis
OrganiGram shares are up 350% in 2020 as it joined Tilray and Sundial as some of the most popular cannabis stocks this year.
We believe the rally was stoked largely by short-term speculative investor interests but the pace of gains has led to stretched valuation.
We think investors should consider taking profits given a pullback is highly likely; we recommend rotating into U.S. MSO stocks for better value and maintaining exposure to future upsides.